Stone Energy Corporation (SGY) Iberia Capital Presentation May 2015
SGY: Good Liquidity, 2014 Reserves and 2015 Proforma Production Growth Achieving Milestones As May 4, 2015 2014 Proved Reserves 152 mmboe Cash 162 million Undrawn Revolver * 500 million 58% 42% 2015 Oil & Gas Hedge Percentage…
A&D Has Positioned SGY in Lowest Non-Opec Cost of Supply Basins Achieving Milestones 6.00 Stone divestitures NYMEX Breakdown for 15% ATAX IRR Stone focus areas Gas Supply Cost 5.00 H 4.00 a y Bakken n F 3.00 N a B e…
Significant Response to Low Commodity Prices Projected For 2015 Achieving Milestones MM Capital MM LOE 1,000 250 Base LOE 900 800 895 200 201 700 695 182 600 150 500 400 450 100 120 300 200 50 100 0 0 2013 2014…
2015 Capital Levers Enable Adjustment to Market Conditions Achieving Milestones Capital Levers Impact Service & Materials Cost Reductions Capital Reduction, Cash and Ebitda Increase Marcellus Drilling & Completion Timeout…
Low Cost Strategy Is Robust Through The Price Cycle Achieving Milestones MMBD Global Crude Oil Supply and Demand Future Oil Supply Sources% 100 Demand 100 International Tight Oil Sands 80 80 U.S. Tight 200 Billion Barrels 60…
Multi-Year Investment Opportunity In Low Supply Cost Deep Water Gulf Achieving Milestones Legend 2015-17 Lafayette Prospect Pumpkin LaMontana Ridge Cayenne New Orleans Houston MP288 Valentine Horned Lark Pompano Carrick…
Mississippi Canyon Among Lowest Cost of Supply in Non-Opec World Achieving Milestones SGY Critical Mass 2 Platform Production Hubs* 50 Leases 20 Prospects Low Cost Tie-Backs Advantaged Infrastructure Pompano Production 25…
Achieving Milestones Cardona Yields Two Additional Low Risk Development Wells Shale Out Cardona No. 4 and 5 - drilled On production December 2014 Cardona Project Cardona Salt Ahead of schedule, under budget Gross volumes 10,000…
Amethyst Development Is On Track For Early 2016 Start Up Achieving Milestones Amethyst SGY 100% W.I. Discovery 2014 Gas and condensate Net EUR: 50-197 Bcfe (Pmean 118) 25-75 mmcfed initial potential Tie-back to Pompano…
Pompano Platform Program Comprises Low Risk Development Wells Achieving Milestones Pompano Platform Pompano Platform Rig A-25 ST SGY 100% Operator SGY SGY 100% W. I. PUD Pliocene A-15 ST2 3 - 4 Well Program SGY 100% GY…
Achieving Milestones Robust GOM Deep Water Prospect Inventory Lamprey Derbio Apple Salt Salt Prospect WI EUR* Prospect WI EUR* Prospect WI EUR* mmboe mmboe mmboe Lamprey 100% 104-547 Derbio 100% 16-94 Apple 100%…
Decades of Investment Opportunity In Low Supply Cost Appalachia Achieving Milestones Christine Area 26,200 acres Marcellus s Proved Reserves: 526 bcfe Probable & Possible: 531 bcfe Mary Heather Field Potential Undrilled…
SGY Is Positioned For Long Term Success In Marcellus and Utica Achieving Milestones Stacked Pays Access Roads Gathering Lines Ohio River Water Access Water Distribution System Strategic Pad Locations Community Relations…
Multi-year Investment Opportunity In Low Cost Appalachia Utica Achieving Milestones Range Claysville SC IP: 59 mmcfed Utica Dry Gas 35,000 Net Acres Potential 2016 Development Rice Bigfoot IP: 42 mmcfed Over 200 Potential Well…
Progressing Optimal Utica Development Plan During Drilling Time Out Achieving Milestones Marcellus Pad Expansion Initial Utica Exploration Sites Existing Roads and Infrastructure Valid Existing Title Opinions Produce While…
Additional Infrastructure Expected To Reduce Future Differentials Achieving Milestones Midwest & Canada North & Northeast mmcfd mmcfd Transco 525 Rockies Express 1,200 2015 Columbia Gas 310 2015 ANR (SEML) 750 Tennessee Gas…
Diversified, Liquid, Disciplined Company With Decades Visible Growth In Low Cost Basins Achieving Milestones CapEx 450 mm Disciplined Capital Program With Catalysts 8% 88% Gulf of Mexico 4% Drill Cardona No 6, Online 4Q15…